Bel-Aire on the Ocean Condo  (Miami Beach, FL)


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Foreclosure Auctions (Past 8 Quarters)

Sale DateUnitBDBASFSale PriceSale PSFForeclosing EntityForeclosed OwnerPrior SalePrior Sale PricePrior PSF
04/14
08/13
06/13
04/13
Foreclosure Auctions (#)
*Foreclosure sales represent foreclosure auctions conducted by the county. Foreclosure auctions are the final step in the foreclosure process. There may or may not be additional units in the building at various other stages of the foreclosure process that have not resulted in a foreclosure auction at this point in time. While anyone may bid at a foreclosure sale, generally speaking the financial institution initiating the foreclosure will be the winning party at the auction and will take possession of the property. MUS indicates a sale in which multiple units were sold in the same transaction. In Multiple Unit Sales, the stated sale price corresponds to more than one property. Therefore no price per square foot is calculated for the sale as it is not an appropriate measure.

REO Sales (Past 5 Quarters)

Sale DateUnitBDBASFSale PriceSale PSFBuyerREO Owner (seller)FC DateFC Sale PriceFC PSF
05/14
10/13
09/13
REO Sales (#)
AVG Price per Sq Ft ($)
*Real Estate Owned (REO) is property owned by a financial institution that previously loaned money on the property. REO is property that the financial institution took ownership of, generally through the foreclosure process. Since banks are not interested in being property owners, they are often motivated sellers of their REO properties. MUS indicates a sale in which multiple units were sold in the same transaction. In Multiple Unit Sales, the stated sale price corresponds to more than one property. Therefore no price per square foot is calculated for the sale as it is not an appropriate measure.

Disclaimer: All reports provided are based on data supplied by various public and private sources. No representations, warranties or guarantees of any kind are offered, provided or implied. Active and listing data is provided by the appropriate multiple listing service (MLS) and may not reflect all listing/selling activity in the market. While we strive to deliver accurate and reliable data, the information in this report should be independently verified and not solely relied upon. Any use of this report is subject to the Terms of Use Agreement, which can be found at CondoReports.com.
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